Mathematics · Profit and Loss
A trader buys 40 identical articles for ₹16,000. He sets a selling price of ₹500 for each article. However, on 10 of them, he gives a 20% discount. What is his overall profit or loss percentage?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 118.75% profit✓
- 222.65% loss
- 325.23% profit
- 415.35% loss
Correct answer
18.75% profit
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